Microsoft is offering the highest salaries to India’s IIT graduates for international roles: Report

Microsoft is reportedly offering the highest remuneration of ₹15 million to IIT graduates to work in the US. The second highest paymaster is cab aggregator Uber.

Artificial intelligence, deep learning and data analysis are among the most sought after skills by companies this year

Microsoft and Uber have become the only companies offering packages above ₹10 million, including fixed base salary and variables, according to the report.

Over the past three years, Microsoft has unfailingly been among the highest-paying recruiters for India’s top engineering college — Indian Institute of Technology (IIT). The company is reportedly offering the highest salary to IIT graduates with an annual package of over ₹15 million for US-based roles, Economic Times
reported.

According to the report, Microsoft is offering over $214,600 to fresh graduates that includes base salary, performance bonus and restricted stock units.

After Microsoft, car aggregator Uber has also reportedly rolled out offers for ₹10 million to the students of 2019 batch. Microsoft and Uber have become the only companies offering salary packages above ₹10 million that includes a fixed base salary and variables, the report said citing an official with the IIT placement cell. Uber has reportedly offered a compensation of nearly $155,000 for an offshore placement to graduates.

According to the placement numbers reported last year, Microsoft rolled out the highest offer of ₹13.9 million to IITians last year for its Redmond headquarters. It picked out four graduates at the same compensation. India’s domestic salary packages also rose by 15%-20% last year.

Other
companies that have been top recruiters at the IITs include Squarepoint Capital, NEC Japan and Works Applications.

Artificial intelligence, deep learning and data analysis are among the most sought after skills by companies this year, said an ET report.